The Hindu Business Line : Lakshmi Vilas Bank new MD

The three-month wait has finally come to an end for Karur-headquartered Lakshmi Vilas Bank (LVB) with Mr V.S. Reddy assuming charge as the Managing Director from Wednesday. Prior to his appointment as LVB MD, this Karnataka-born banker was the General Manager in Canara Bank, in charge of corporate credit.

Mr Reddy succeeds Mr R.M. Nayak, who retired in June. Speaking to Business Line, Mr Reddy said his vision was in taking the bank to greater heights. "The challenge though is in improving the quality and size of the asset," he added. - L.N. Revathy

More Stories on : People | Private Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
South Malabar Bank branch

Rupee trims gains

Non-interest income buoys Union Bank net

Gokulam Chits branch in Vizag

Vijaya Bank to finalise insurance foray by March

Private banks do well in Q2

Vijaya Bank Foundation Day

Bond prices fall on profit booking

IBA to enforce fair practice code for debt recovery

Call rates edge lower

SBI ‘Easy’ card payment option

Future group insurance venture starts operations

‘TN neglecting agriculture, rural development banks’

Bank of Maharashtra to enter non-life insurance biz

Lakshmi Vilas Bank new MD